Entrepreneur
Name
Edward
Member since
July 2010
On-time repayments
108 installments • 45%
About Me
I am farmer and also employed as secondary school watchman.I have a wife and ten children: the second, a girl, is married while the rest are in school.I am a mixed farmer [that means I plant maize and beans together] and when i harvest i sell the produce to the neighbourhood to afford the childrens fees. I always happy with the job I do because then I see what I plant grow well I know I will have a profit. I actually happy with my family when I know there is some plenty of food to feed my family and also the children I see them studying well in school.
My Business
In my farm I dig terraces because of soil erosion and to see there is no weed in my crop which I plant in my garden the harvest I receive it at the end of the year it is about Ksh 30,000 after I deduct for the expenses I use it in my farm for buying ferterizer and seed also labour job for cultivating I remain with Ksh 500 which I spent for school fees for my children. I took my product for about 5 kilometers for sell in mitimingi center and the people who buy my product because it is a good product.
Loan Proposal
The loan will help me for buying standard seed fertilizer and other input in my land.I have confidence about paying the loan because i have experience in borowing and paying but at the moment i have no other loan.
The extra earning i will buy hens for adding a business in selling eggs.The profit i will get from my job and business will help my family to educate my children.
Comodity Prices:
Fertilizer 200kg-7,500
Beans and maize-6,000
Hens (5)-5,000
Food for hens-1,500
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$260.00
Date disbursed
Sep 23, 2010
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
SLC, UT, United States
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Summary
Amount repaid
$273.88
Amount remaining
$0.00
Date repaid
Oct 14, 2011
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 23, 2010 | $22.78 | Oct 21, 2010 | $22.78 |
| Nov 23, 2010 | $22.78 | Oct 21, 2010 | $1.57 |
| Nov 2, 2010 | $21.21 | ||
| Dec 23, 2010 | $22.78 | Nov 2, 2010 | $1.97 |
| Dec 10, 2010 | $20.81 | ||
| Jan 23, 2011 | $22.78 | Dec 10, 2010 | $2.38 |
| Dec 24, 2010 | $20.40 | ||
| Feb 23, 2011 | $22.78 | Dec 24, 2010 | $2.78 |
| Feb 5, 2011 | $20.00 | ||
| Mar 23, 2011 | $22.78 | Feb 5, 2011 | $3.18 |
| Mar 3, 2011 | $19.60 | ||
| Apr 23, 2011 | $22.78 | Mar 3, 2011 | $3.58 |
| Apr 4, 2011 | $19.19 | ||
| May 23, 2011 | $22.78 | Apr 4, 2011 | $3.99 |
| May 9, 2011 | $18.79 | ||
| Jun 23, 2011 | $22.78 | May 9, 2011 | $4.39 |
| May 31, 2011 | $18.39 | ||
| Jul 23, 2011 | $22.78 | May 31, 2011 | $4.79 |
| Jul 13, 2011 | $17.99 | ||
| Aug 23, 2011 | $22.78 | Jul 13, 2011 | $5.00 |
| Aug 4, 2011 | $17.78 | ||
| Sep 23, 2011 | $22.78 | Aug 4, 2011 | $5.40 |
| Sep 10, 2011 | $17.32 | ||
| Oct 14, 2011 | $0.05 | ||
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